Enphase Energy Inc (ENPH) concluded trading on Wednesday at a closing price of $112.05, with 3.62 million shares of worth about $405.98 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.85% during that period and on April 17, 2024 the price saw a gain of about 1.43%. Currently the company’s common shares owned by public are about 135.72M shares, out of which, 130.35M shares are available for trading.
However, the stock later moved at a day high price of 123.43, or with a gain of 1.43%. Stock saw a price change of -6.31% in past 5 days and over the past one month there was a price change of 0.77%. Year-to-date (YTD), ENPH shares are showing a performance of -15.20% which decreased to -50.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $73.49 but also hit the highest price of $231.42 during that period. The average intraday trading volume for Enphase Energy Inc shares is 4.12 million. The stock is currently trading -3.24% below its 20-day simple moving average (SMA20), while that difference is down -6.11% for SMA50 and it goes to -7.94% lower than SMA200.
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Enphase Energy Inc (NASDAQ: ENPH) currently have 135.72M outstanding shares and institutions hold larger chunk of about 75.58% of that.
The stock has a current market capitalization of $15.21B and its 3Y-monthly beta is at 1.49. PE ratio of stock for trailing 12 months is 36.55, while it has posted earnings per share of $3.07 in the same period. Its PEG reads 2.47 and has Quick Ratio of 4.19 while making debt-to-equity ratio of 1.34. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENPH, volatility over the week remained 5.18% while standing at 4.96% over the month.
Stock’s fiscal year EPS is expected to drop by -25.72% while it is estimated to increase by 63.84% in next year.
Coverage by Citigroup stated Enphase Energy Inc (ENPH) stock as a Neutral in their note to investors on April 05, 2024, suggesting a price target of $121 for the stock. On February 14, 2024, RBC Capital Mkts Initiated their recommendations, while on February 07, 2024, Oppenheimer Upgrade their ratings for the stock with a price target of $133. Stock get a Buy rating from Truist on January 23, 2024.
